Practical Solutions, Inc. - Technology Business Management (TBM) Dashboard

Practical Solutions, Inc. (PSI) used Power BI to build a comprehensive Technology Business Management (TBM) dashboard that incorporates key elements of the standard TBM framework that was formalized by the TBM Council. This framework was founded on the transparency of costs, performance, and consumption. This visualization also supports FITARA requirements, helping Federal agencies track and report on their IT acquisitions.

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Technology Business Management is a value-managed framework standardized by the TBM Council that focuses on enabling cost transparency, consumption, and performance within an organization’s IT structure.  This taxonomy has been adopted by many organizations looking to evolve their IT strategy and bring greater transparency and precision to their IT acquisitions and spending. 
Practical Solutions, Inc. (PSI) developed this Power BI showcase to help organizations visualize and report on their TBM taxonomy data.  This dashboard consolidates the relevant IT spending and consumption data into key visuals and aggregations that support tactical and strategic decisions around the IT environment.  Some questions that can be answered include:
  • Where and how much IT duplicate spending is there in our organization?
  • How much is each business unit spending on IT?
  • Which business units other than IT are acquiring IT assets and consumption?
  • Of the money we spent, how much is being consumed vs idle (did we buy too much)?
  • How many technologies or applications do we have for a specific IT service?
  • And many more insights…
This showcase includes four different views:  A high-level summary, a taxonomy view closely modeled after the TBM taxonomy, an operations view for greater detail, and an efficiency add-on view that highlights the organization’s consumption. 
Our TBM Power BI solution was developed for both commercial as well as Federal clients.  As such, the dashboard supports the Federal IT Acquisition Reform Act (FITARA) reporting requirements that agencies will need to comply. 

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